Analysts have provided the following ratings for Teck Resources TEAK during the last quarter:
Bullish | A little bullish | Indifferent | A little bearish | Bearish | |
---|---|---|---|---|---|
Total scores | 4 | 3 | 0 | 0 | 0 |
Last 30 days | 0 | 0 | 0 | 0 | 0 |
There are 1 million | 3 | 2 | 0 | 0 | 0 |
There are 2 million | 1 | 1 | 0 | 0 | 0 |
There are 3 million | 0 | 0 | 0 | 0 | 0 |
These 7 analysts have an average price target of $56.43 from Teck Resources’ current price of $34.75, implying upside.
Below is a summary of how these 7 analysts have rated Teck Resources over the last 3 months. The higher the number of bullish ratings, the more positive the analysts are on the stock and the higher the number of bearish ratings, the more negative the analysts are on the stock.
This current average represents a 10.43% decrease from the previous average price target of $63.00.
Stay up to date on Teck Resources analyst ratings.
Benzinga tracks 150 analyst firms and reports on their stock market expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually over the next five years, and how risky or predictable that company’s revenue streams are.
Analysts attend conference calls and company meetings, research company financial statements, and communicate with insiders to release their ratings on stocks. Analysts typically rate each stock once a quarter or whenever the company has a major update.
Some analysts also offer forecasts on useful metrics such as earnings, revenue and growth estimates, to provide additional guidance on what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only predict their beliefs to traders.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.